Premier Li Keqiang on Jan 4 conducted an inspection of the Bank of China.
His inspection focused on loans to small and micro-sized enterprises, costs, convenience, and how inclusive the banks services are.
The Bank of China is an international bank, so it should learn from its international counterparts and their experiences developing inclusive finance, the Premier said.
“You have more exchanges with foreign clients, so you should know that inclusive finance is not ‘exclusive’,” he said to the bank.
Inclusive finance should be developed to further support private businesses and small and micro-sized enterprises, in order to stimulate the market and expand employment, he said.